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Balancer has a TVL of $974 Million which has been declining from the start of June 2023 - 2
BAL technical indicators are currently favoring a bearish momentum in price. It has seen a drop of 15% in the past seven days
Balancer is an automated market maker which is built on the Ethereum blockchain.The protocol functions as a self balancing weighted portfolio. Balancer is very similar to Curve and Uniswap which allows users to create pools. There are basically three types of Pools in a Balancer, private pools, shared pools and smart pools which functions differently than others. It …
Source: https://www.thecoinrepublic.com/2023/06/11/balancer-price-continues-to-fall-will-bal-price-hit-a-low-of-2/